Shanghai Kaytune Industrial Co.,Ltd Reports Earnings Results for the Nine Months Ended September 30, 2021
October 28, 2021 at 04:53 am EDT
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Shanghai Kaytune Industrial Co.,Ltd reported earnings results for the nine months ended September 30, 2021. For the nine months, the company reported sales was CNY 546.91 million compared to CNY 573.71 million a year ago. Revenue was CNY 546.91 million compared to CNY 573.71 million a year ago. Net income was CNY 39.41 million compared to CNY 53.76 million a year ago. Basic earnings per share from continuing operations was CNY 0.57 compared to CNY 0.9 a year ago. Diluted earnings per share from continuing operations was CNY 0.57 compared to CNY 0.9 a year ago.
Shanghai Kaichun Industrial Co Ltd is a China-based company that mainly provides comprehensive e-commerce services and customer relationship management services. The Company's main services include brand online sales services, brand online operation services and customer relationship management services. Brand online sales service means that the Company purchases products from the brand or its agents by way of buyout, and after authorization by the brand, sells the products directly to customers or to various distributors through online sales on third-party e-commerce platforms channel. Brand online operation service refers to the Company's provides various operation services, including visual design, store operation, warehousing and logistics, marketing planning, event management and customer service. Customer relationship management services refer to the support services provided by the Company before and after sales to achieve the purpose of increasing sales revenue.